GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Apex Critical Metals Corp (XCNQ:APXC) » Definitions » Liabilities-to-Assets

Apex Critical Metals (XCNQ:APXC) Liabilities-to-Assets : 0.06 (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Apex Critical Metals Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Apex Critical Metals's Total Liabilities for the quarter that ended in Jan. 2024 was C$0.09 Mil. Apex Critical Metals's Total Assets for the quarter that ended in Jan. 2024 was C$1.44 Mil. Therefore, Apex Critical Metals's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.06.


Apex Critical Metals Liabilities-to-Assets Historical Data

The historical data trend for Apex Critical Metals's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apex Critical Metals Liabilities-to-Assets Chart

Apex Critical Metals Annual Data
Trend Jul22
Liabilities-to-Assets
0.10

Apex Critical Metals Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.18 0.17 0.31 0.33 0.06

Competitive Comparison of Apex Critical Metals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Apex Critical Metals's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apex Critical Metals's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Apex Critical Metals's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Apex Critical Metals's Liabilities-to-Assets falls into.



Apex Critical Metals Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Apex Critical Metals's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2022 is calculated as:

Liabilities-to-Assets (A: Jul. 2022 )=Total Liabilities/Total Assets
=0.144/1.467
=0.10

Apex Critical Metals's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=0.091/1.44
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apex Critical Metals  (XCNQ:APXC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Apex Critical Metals Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Apex Critical Metals's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Apex Critical Metals (XCNQ:APXC) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Eagle Bay Resources Corp is in the business of acquiring, exploring, developing and evaluating mineral resource properties. The Company is in the exploration stage and has interests in properties located in British Columbia, Canada.

Apex Critical Metals (XCNQ:APXC) Headlines

No Headlines